ST Germain D J Co. Inc. Sells 2,788 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

ST Germain D J Co. Inc. trimmed its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 0.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 663,274 shares of the company’s stock after selling 2,788 shares during the quarter. SPDR Portfolio Emerging Markets ETF accounts for approximately 1.2% of ST Germain D J Co. Inc.’s holdings, making the stock its 21st biggest holding. ST Germain D J Co. Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $24,004,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. Anchor Investment Management LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF in the 4th quarter worth about $28,000. American National Bank increased its position in shares of SPDR Portfolio Emerging Markets ETF by 179.0% during the fourth quarter. American National Bank now owns 809 shares of the company’s stock worth $29,000 after acquiring an additional 519 shares during the period. Frazier Financial Advisors LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter worth approximately $32,000. Tsfg LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter worth approximately $70,000. Finally, Fortitude Family Office LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter worth approximately $82,000.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of NYSEARCA:SPEM traded up $0.29 during trading on Tuesday, reaching $38.38. 1,372,230 shares of the company were exchanged, compared to its average volume of 1,689,575. The firm has a market capitalization of $9.11 billion, a PE ratio of 13.05 and a beta of 0.81. The business’s fifty day simple moving average is $37.25 and its 200-day simple moving average is $35.93. SPDR Portfolio Emerging Markets ETF has a 12-month low of $32.06 and a 12-month high of $38.84.

SPDR Portfolio Emerging Markets ETF Profile

The SPDR Portfolio Emerging Markets ETF (SPEM) is an exchange-traded fund that is based on the S&P Emerging Markets BMI index. The fund tracks an index of emerging markets companies weighted by market cap. SPEM was launched on Mar 19, 2007 and is managed by State Street.